2022
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GDP
$1.68TCURRENT US$
Rnk 12 / 186
2012-2022
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GDP GROWTH
8.3%CURRENT US$
Rnk 148 / 186
2022
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 GDP
$579BCURRENT US$
Rnk 24 / 186
2012-2022
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GDP GROWTH
13%CURRENT US$
Rnk 141 / 186
2022
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GDP PC 
$64,491CURRENT US$
Rnk 11 / 186
2012-2022
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GDP PC GROWTH
-5.23%CURRENT US$
Rnk 153 / 186
2022
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GDP PC
$106,149CURRENT US$
Rnk 3 / 186
2012-2022
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GDP PC GROWTH
3.89%CURRENT US$
Rnk 131 / 186

About

Australia-Norway In 2022, Australia exported $257M to Norway. The main products that Australia exported to Norway are Nickel Mattes ($107M), Aluminium Oxide ($38.6M), and Ammonia ($20.5M). During the last 27 years the exports of Australia to Norway have increased at an annualized rate of 4.58%, from $76.8M in 1995 to $257M in 2022.

In 2009, Australia exported services to Norway worth $166M, with Travel ($92.6M), Transportation ($52.3M), and Other business services ($13.5M) being the largest in terms of value.

Norway-Australia In 2022, Norway exported $322M to Australia. The main products that Norway exported to Australia were Fish Fillets ($36.3M), Military Weapons ($24.8M), and Nitrogenous Fertilizers ($17.1M). During the last 27 years the exports of Norway to Australia have increased at an annualized rate of 4.07%, from $110M in 1995 to $322M in 2022.

In 2009, Norway exported services to Australia worth $338M, with Transportation ($240M), Other business services ($42.4M), and Travel ($32.4M) being the largest in terms of value.

Comparison In 2022,  Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B). That same year, Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Australia exported $257M to Norway. The main products exported from Australia to Norway were Nickel Mattes ($107M), Aluminium Oxide ($38.6M), and Ammonia ($20.5M). During the last 27 years the exports of Australia to Norway have increased at an annualized rate of 4.58%, from $76.8M in 1995 to $257M in 2022.

In 2022, Norway exported $322M to Australia. The main products exported from Norway to Australia were Fish Fillets ($36.3M), Military Weapons ($24.8M), and Nitrogenous Fertilizers ($17.1M). During the last 27 years the exports of Norway to Australia have increased at an annualized rate of 4.07%, from $110M in 1995 to $322M in 2022.

Exports from Australia (Flag) to Norway (Flag) (2022)

Exports from Norway (Flag) to Australia (Flag) (2022)

Latest Data

Trade between Australia (Flag) and Norway (Flag)

Australia Exports

Norway Exports

Market Competitiveness

Color
Australia
Top Destination
China$123B
Norway
Top Destination
Germany$78.1B

This map shows whether countries import more from Australia or Norway. Each country is colored based on the difference in imports they receive from Australia and Norway or the difference in the growth in imports.

In 2021, countries that imported more from Australia than Norway were China ($123B), Japan ($80.1B), and South Korea ($41B).

In 2021, countries that imported more from Norway than Australia were Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

Difference in imports from Norway (Flag) and Australia (Flag) (2022)

Comparative Advantage Australia - Norway

Flow
Scale

This chart compares trade between Australia and Norway by product, considering products traded by both, Australia and Norway.

During 2022, Australia had a large net trade with Norway in the exports of Metals ($117M), Chemical Products ($64.7M), and Machines ($24.6M).

During 2022, Norway had a large net trade with Australia in the exports of Machines ($73.9M), Chemical Products ($53.8M), and Animal Products ($52.2M).

Service Trade

Bilateral Service Trade

In 2009, Australia exported services to Norway worth $166M, with Travel ($92.6M), Transportation ($52.3M), and Other business services ($13.5M) being the largest in terms of value.

In 2009, Norway exported services to Australia worth $338M, with Transportation ($240M), Other business services ($42.4M), and Travel ($32.4M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Australia (Flag) to Norway (Flag) (2009)

Services Exports from Norway (Flag) to Australia (Flag) (2009)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Australia has comparative advantage over Norway. Similarly, the more yellow a dot/product is, the more Norway has comparative advantage over Australia.

Product Space of Australia (Flag) and Norway (Flag) (2022)

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